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Neobank startup Chqbook raises Rs 40 Cr in pre-Series B round

Shortpedia

Content Team
Image Credit: entracker

Chqbook, a neobank platform for small business owners, has raised Rs 40 crore in a pre-Series B round led by existing investor Aavishkaar Capital and Rajiv Dadlani Group. The new round also saw participation from Earlsfield Capital U.K., and family offices and HNI investors including Jeremy Lim, Bhupesh Kumar, Nilesh Srivastava, and others. In March 2020, Aavishkar Capital had led a $5 million Series A round Chqbook.